Regional Offshore Oil and Gas Project Updates
In case you missed it, here’s a roundup of some recent offshore oil and gas news from around the globe. Let’s dive in!
**Latin America**
Shearwater Geoservices is gearing up for two 4D surveys for Petrobras in the Campos Basin offshore Brazil. The Oceanic Vega vessel will collect data over eight months in the Jubarte and Tartaruga Verde fields.
Petrobras recently decided to pull out of the sale of its interest in the Uruguá and Tamba fields in the Santos Basin offshore Brazil. This decision followed Enauta Energia’s choice not to proceed with the acquisition of the FPSO Cidade de Santos, owned by MODEC, which manages production from both fields.
**Asia-Pacific**
Vietnam’s government has approved five-year license extensions for the producing TGT and CNV fields offshore Vietnam. The partners in the projects will prepare necessary documentation for the extensions, with work programs including drilling appraisal wells and 3D seismic reprocessing.
ADES Holding received a letter of award from PTTEP for a jackup rig to work in the Gulf of Thailand. The contract is for five years firm with a three-year extension option, valued at SAR1.035 billion ($276 million).
**Africa**
Golar LNG has strengthened its stake in the FLNG Hilli by acquiring the minority interests held by Seatrium and Black & Veatch. This move solidifies Golar’s position in the FLNG project.
Stay tuned for more updates on offshore oil and gas projects around the world. Happy reading!
